Supporting Accommodation & Food Businesses

Accommodation & Food Sector Statistics

In 2016-17 there were only 140 claims totalling £5M through the SME scheme supporting Accommodation & Food businesses. In addition to these, there were a mere 15 claims totalling less than £5M through the RDEC (Large Company) scheme. There were also only 10 claims collectively totalling less than £5M from SMEs claiming thorough the RDEC scheme*.

* SMEs may claim through the RDEC scheme where they have activities which are not eligible for the SME scheme. This may include R&D subcontract work for large businesses, and projects / activities which are grant funded.

165 claims made in 2016-17

Average Claim Value = £30,303

Total amount paid by HMRC = £5M

Typical projects supporting Accommodation & Food businesses may include the design and development of new products, improvements to existing products, and technical processes to make your operations more productive.

To find out if you may be eligible for a claim, scroll to the bottom of this page and contact us for our free, no commitment, chat.

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R&D Tax Credit Claims - Accommodation and Food > R&D Tax Credits